Doug Leggate Mark Stainthorpe Your next question is from Menno Hulshof from TD Cowen. Lance Casson - Investor Relations Robin Zabek - Chief Operating Officer, E&P Doug Leggate - Bank of America Menno Hulshof - TD Cowen Michael Dunn - Stifel Nicolaus Canada Inc. Good morning. We would like to welcome everyone to the Canadian Natural Resources 2023 Fourth Quarter and Year-End Earnings Conference Call and Webcast. After the presentation, we will conduct a question-andanswer session. Instructions will be given ...

Canadian Natural Resources (CNQ) reported $7.02 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 1.7%. EPS of $1.72 for the same period compares to $1.44 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $6.73 billion, representing a surprise of +4.32%. The company delivered an EPS surprise of +8.18%, with the consensus EPS estimate being $1.59.While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...

Canadian Natural Resources (CNQ) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $1.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.18%. A quarter ago, it was expected that this oil and natural gas company would post earnings of $1.62 per share when it actually produced earnings of $1.93, delivering a surprise of 19.14%.Over the las ...

The market expects Canadian Natural Resources (CNQ) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected ...

ImagineGolf The oil market has been a significant focus of mine since prices crashed in 2022. While fossil fuel companies rarely gain widespread attention today, they offer particularly low valuations with high free-cash-flow yields, even at today's lower oil price. More importantly, explorer and producer stocks are great hedges against geopolitical risk, considering oil and natural gas are significant targets in geopolitical conflicts, seemingly occurring in fossil fuel-producing regions. The energy ma ...

Aerial Ft McMurray surface mining Oilsands Alberta Canada Spotmatik/Photodisc via Getty Images Note: All amounts discussed, except the prices in the covered call calculator screenshot, are in Canadian Dollars. On our last coverage of Canadian Natural Resources Limited (NYSE:CNQ), (TSX:CNQ:CA) we looked at how this free cash flow gusher was returning cash to shareholders and admired its aggressive buybacks and special dividends. While we liked the play we put our weight being the others and we literally ow ...

As well, Canadian Natural continues to be a leader in environmental, social, and governance, and has made it a priority to work collaboratively with industry peers and governments to achieve meaningful GHG emission reduction in support of both Alberta and Canada's climate goals through our participation in the Pathways Alliance. As we move forward to lower our carbon emissions, with our target to reduce the absolute Scope 1, Scope 2 emissions by 40% by 2035 from our 2020 baseline on our journey to achieve o ...

Canadian Natural Resources Limited (NYSE:CNQ) Q2 2023 Earnings Conference Call August 3, 2023 11:00 AM ET Lance Casson – Manager-Investor Relations Mark Stainthorpe – Chief Financial Officer Greg Pardy – RBC Capital Markets Dennis Fong – CIBC World Markets Neil Mehta – Goldman Sachs Good morning. We would like to welcome everyone to the Canadian Natural ResourcesÂ' 2023 Second Quarter Earnings Conference Call and Webcast. After the presentation, we will conduct a question-and-answer session; instructions wi ...

Canadian Natural Resources Limited (NYSE:CNQ) Q1 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Lance Casson - Manager, Investor Relations Conference Call Participants Neil Mehta - Goldman Sachs Operator Lance Casson Tim McKay - President Mark Stainthorpe - Chief Financial Officer Dennis Fong - CIBC Menno Hulshof - TD Securities I would like to turn your meeting over to your host for today's call, Lance Casson, Manager of Investor Relations. Please go ahead. Thank you, operator. ...

CANADIAN NATURAL RESOURCES LIMITED NOTICE OF THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON THURSDAY, MAY 4, 2023 NOTICE IS HEREBY GIVEN that the Annual Meeting (the ''Meeting'') of the Shareholders of Canadian Natural Resources Limited (the ''Corporation'') will be held at the Telus Convention Centre, 120 - 9th Avenue S.E. in the City of Calgary, in the Province of Alberta, Canada, on Thursday, May 4, 2023, at 1:00 p.m. (MDT) for the following purposes: 1. To receive the Annual Report of the Corporation ...